Forex Opinion & Analysis

Canada inflation expected to drop to 3.2% US releases FOMC minutes The Canadian dollar continues to have a quiet week. In the European session, USD/CAD is trading at 1.3709, down 0.12%. We could see...

RBA says rate hike was needed to avoid larger increases Fed releases meeting minutes later today The Australian dollar continues to rally. In the European session, AUD/USD is trading at 0.6567, up...

A softer dollar environment has seen Chinese authorities turn the screws on those with short renminbi positions. Look for further dollar weakness today given the risk of the lowest US existing home...

EUR/USD outlook positive as dollar and yields fall FOMC minutes and global Flash PMIs among key macro highlights EUR/USD technical analysis: Bullish momentum could lift the pair towards 1.10 The...

The US dollar has continued its decline, reaching a two-month low at 103.6, driven by expectations of a Fed pause in rate hikes and potential future cuts. DXY faces technical challenges as it...

The EURUSD pair started the new week of November with a surge to a two-month peak, reaching the 1.0928 mark.Investors believe that the interest rate of the US Federal Reserve has peaked. The market is...

Japanese yen posts sharp gains on Monday The Japanese yen is up for a third straight day on Monday and has climbed 2% against the US dollar in the current rally. In the European session, USD/JPY is...

Fed minutes on Tuesday will be scrutinized for clues on rate pathEurozone business surveys to shed some light on recession risksJapanese inflation stats also in focus as yen attempts to recoverBruised...

 GBPJPY starts a new brief bearish cycle after fresh highsSupport at 185.60, but sellers need to drive deeper to change outlookGBPJPY switched into corrective mode, erasing half of its weekly...

Markets see 60% chance of RBA rate hike in H1 of 2024 US Treasury yields fall to 4.35% The Australian dollar has bounced back on Friday after losses a day earlier. In the European session, AUD/USD is...

USDCAD experienced a setback, falling below the 1.3800 handleBut quickly found its feet at the 50-day SMA and recouped some lossesMomentum indicators suggest a cautiously bullish...

UK retail sales decline unexpectedly GBP/USD edges lower The British pound is trading lower on Friday. In the European session, GBP/USD is trading at 1.2381, down 0.27%. The pound has shown sharp...

The dollar has entered a consolidative phase, but yesterday’s price action gave us a glimpse of what could be more regular price action next year. EUR/USD got a brief lift yesterday from the...